Domestic Businesses’ Expansion Into Global Markets

Why should domestic businesses consider expansion into global markets? Define key terms, explain fundamental concepts, and share relevant examples. as to why domestic businesses should consider expansion into global markets.

Differentiate between domestic and international business environments by defining and providing key characteristics of each type, using supporting evidence. Identify examples of domestic and international organizations and explain how they meet the criteria for each type of organization, using supporting evidence. Explain the key benefits of international and global expansion for domestic businesses, providing specific examples and using supporting evidence. Explain the role of ethics in making business decisions regarding expansion to a new market and how ethical decision-making frameworks can be used to help make these decisions. Use supporting evidence as appropriate.